Millennium Post

HP CEO Meg Whitman is tech worlds wealthiest woman

Hewlett-Packard’s chief executive Meg Whitman is the wealthiest women in the technology sector with a fortune of $ 1.3 billion followed by Facebook’s Sheryl Sandberg and Alibaba’s Lucy Peng, according to a Wealth-X estimate.

The net worth of women on the Wealth-X list lags far behind their male peers in the technology sector, said global wealth intelligence and prospecting firm. Microsoft founder Bill Gates, for example, has a net worth of around $ 85.1 billion, according to Wealth-X estimates, while Mark Zuckerberg, the 30-year-old Facebook chairman, is worth at least $ 35 billion. According to the list of five wealthiest women in the technology sector released today, Whitman claimed the top spot with a $ 1.3 billion fortune.

Bulk of Whitman’s wealth is derived from profits from the sales of her shares in eBay, a company that she led from 1998 to 2008 during its dramatic expansion, the report said. Ranking second on the list is Facebook’s chief operating officer Sheryl Sandberg, with a net worth of $ 1.22 billion. Upon joining Facebook in 2008, Sandberg received company stock as part of her compensation plan.
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